this post was submitted on 05 Oct 2023
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[–] killeronthecorner@lemmy.world 1 points 1 year ago

There was a huge amount of purchase and sale during covid due to the tax holiday. This had disproportionate effects on house prices compared to the period before it and the behaviour of the market is still not very predictable as a result.

As for good and bad, that's a matter of budget and perception, though I appreciate anyone being frustrated with having to give so much for so little in a lot of cases.